Here’s a snapshot from NEMwatch at the 14:15 dispatch interval (remember NEM time!) that is useful to highlight four things:
At this point we see:
1) Prices have been at the Market Price Cap in VIC and TAS since the event;
2) We can clearly see the ~1,000MW loss of demand … but that appears to have been returned (or perhaps it’s other demand driven by the temperature?)
3) The supply from brown coal (including the tripped Loy Yang A) is down and will take longer to return.
4) It’s still hot in parts of VIC (so questions about what comes later if Loy Yang A not back by evening peak)!
… so no surprise that the AEMO has started RERT Negotiations.
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